KKCompany Technologies Inc. announced that it expects to receive TWD 477.438128 million in funding from Taiwan Mobile Co., Ltd.
September 14, 2023
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KKCompany announced that it will issue 4,547,000 common shares at an issue price of TWD 105.0006881 per share for gross proceeds of TWD 477,438,128.7907 on September 15, 2023. The transaction will include participation from new investor, Taiwan Mobile Co., Ltd. for 2.8% stake in the company.
TAIWAN MOBILE CO., LTD. is a Taiwan-based telecommunication service provider. The Company mainly provides mobile phone communications services, fixed-line communications services and network and cable television services. The Company provides personal mobile communication services, including voice telephone communication services, specialty code services, data value-added services, voice value-added services, message value-added services, message services and others; household communications services, including cable television, digital cable television, broadband Internet access business and channel operation, as well as corporate communications services, including voice, data, Internet, mobile communications, system integration services and others. In addition, The Company is involved in the provision of Internet shopping, television shopping and catalog shopping services. The Company mainly conducts its businesses within Taiwan.